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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (40752)11/3/2003 5:26:34 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
AC Flyer, it is the last time I respond to this type of line of argumentation, which I already responded twice in previous postings:

Here it goes: Credibility doesn't go along with color of a booklet you carry on your pocket. It has nothing to do with a different color blotch in the world map where you happened to be born. It has to do with that thing they call grey mass and how one uses it to analyze the world around himself. This, and that's the beauty of it, no country in the world has the monopoly of it.

The data is everywhere. Anyone can go there dig it up. It just need someone capable to go there and get the information. To process the raw material and get the nuggets. Those are in short supply.

For the less endowed, they see only the ore. You tell them what that is all about but they don't see. And it is not because they are stubbornly refusing, it is because they aren't equipped with the right type of grey mass to grasp the whole idea.

I keep Jay posted in Argentina and Brazil. Yes, Brazil is going to default again, and the IMF is not to be blamed. This is not exaclty news is it? But I know very well why it is going to default. I hope you have too.